Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Sees Significant Drop in Short Interest

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 10,900 shares, a decrease of 64.7% from the February 13th total of 30,900 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 1.9 days.

Sartorius Stedim Biotech Stock Performance

Shares of OTCMKTS SDMHF remained flat at $201.00 during mid-day trading on Thursday. Sartorius Stedim Biotech has a one year low of $158.00 and a one year high of $299.86. The business has a 50 day moving average of $210.82 and a 200 day moving average of $201.96.

About Sartorius Stedim Biotech

Sartorius Stedim Biotech SA engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products.